Evercore ISI Group Maintains Outperform on Chipotle Mexican Grill, Raises Price Target to $3200
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer maintains an Outperform rating on Chipotle Mexican Grill (CMG) and raises the price target from $2900 to $3200.
April 18, 2024 | 3:16 pm
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Evercore ISI Group raises Chipotle Mexican Grill's price target from $2900 to $3200, maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a strong bullish outlook on Chipotle Mexican Grill. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term. The Outperform rating reaffirms the analyst's positive view on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100